Bitcoin has declined 1.75% this week, fluctuating between $82,162 and $88,474 amid prolonged market consolidation. Despite recent stagnation, historical data suggests a 75% probability of new all-time highs within nine months. Network economist Timothy Peterson reiterated this bullish outlook on March 25, noting that BTC currently hovers near the lower 25% of its historical price range. His analysis aligns with a decade-long trend in which Bitcoin’s strongest rallies typically occur in April (+12.98%) and October (+21.98%) on average. What are the top crypto news stories you have missed since last week? Here’s the recap of last week’s key developments you might have missed. Visit our website for transparent and decentralized crypto trading and to list your crypto token for free. For more, follow Melega Finance (@meleganews) on X. TOP CRYPTO NEWS RECAP (March 23–29, 2025) ● Senators Raise Concerns Over Trump-Backed WLFI Stablecoin ● Three BitMEX Co-Founders Pardoned By Trump Government ● XRP ETF Approval Likely as Polymarket Bets Reach 85% ● Trump Media Partners with Crypto.com for Crypto-Focused ETFs ● Ripple Drops Cross-Appeal, to Receive $75M Refund in SEC Case ● Michael Saylor’s Strategy Surpasses 500,000 Bitcoin Holdings Senators Raise Concerns Over Trump-Backed WLFI Stablecoin Five Democratic senators, led by Elizabeth Warren, have urged regulators to address potential conflicts of interest surrounding WLFI, a crypto firm backed by President Donald Trump’s family. In a March 28 letter, they asked the Federal Reserve and OCC how they plan to oversee WLFI’s USD1 stablecoin. Their concerns stem from Trump’s executive order granting the White House influence over financial regulators alongside pending stablecoin legislation. WLFI, launched in 2024, has raised $550 million, with Trump and his family holding a 60% stake. Three BitMEX Co-Founders Pardoned By Trump Government US President Donald Trump has reportedly pardoned BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed, who had pleaded guilty to money laundering-related charges. A March 28 CNBC report states that the three were convicted in 2022 for failing to implement an anti-money laundering program and were sentenced to home arrest or probation. The White House has yet to confirm the decision. This follows Trump’s recent controversial pardons, including those involved in the Jan. 6 riots and Silk Road founder Ross Ulbricht. XRP ETF Approval Likely as Polymarket Bets Reach 85% Optimism is growing around an XRP exchange-traded fund (ETF) after the SEC dropped its appeal against Ripple. Ripple CEO Brad Garlinghouse confirmed on March 19 that the legal battle had ended, prompting ETF expert Nate Geraci to call an XRP ETF “obvious” and "a matter of time.” The crypto betting platform Polymarket now gives an 85% chance of approval in 2025. Despite this milestone, XRP’s price only rose 5%, as analysts say the news was already factored into the market. Trump Media Partners with Crypto.com for Crypto-Focused ETFs Trump Media has signed a non-binding agreement with Crypto.com to launch exchange-traded funds (ETFs) focused on digital assets and securities. The ETFs, set to debut later this year, will be offered through Crypto.com’s broker-dealer, Foris Capital US LLC, and may include Bitcoin, Ethereum, Solana, XRP, and Cronos. The initiative aligns with Trump Media’s fintech brand, Truth.Fi. However, the move raises concerns about potential conflicts of interest, as Trump-linked entities have already benefited from crypto ventures, including the controversial TRUMP memecoin. Ripple Drops Cross-Appeal, to Receive $75M Refund in SEC Case Ripple has agreed to drop its cross-appeal in its legal battle with the SEC, paving the way for the case’s conclusion. Chief legal officer Stuart Alderoty announced that while Ripple will still pay $125 million from an August 2024 ruling, the SEC will return $75 million. The agency will also request the lifting of an injunction against Ripple. The move follows the SEC’s decision to drop its own appeal. Ripple, which has been active in US politics, contributed $45 million to a pro-crypto PAC and $5 million to Trump’s inauguration fund. Michael Saylor’s Strategy Surpasses 500,000 Bitcoin Holdings During a recent market dip, Michael Saylor’s company, Strategy, acquired 6,911 Bitcoin for $584 million, bringing its total holdings to 506,137 BTC. According to a March 24 SEC filing, the company has spent approximately $33.7 billion on Bitcoin purchases, costing an average of $66,608 per BTC. This milestone follows Strategy’s recent $711 million preferred stock offering, set to settle on March 25. The company remains committed to its Bitcoin accumulation strategy despite global market concerns. ••• Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses. #MelegaSwap #melega #trump #BitMEX #SaylorStrategy
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Scammer: The Most Extreme Fair Launch on PinkSale (March 5-8, 2025)
From March 5th to 8th, 2025, a project is launching on PinkSale that will shake the crypto world to its core. This isn’t just another token. This isn’t just another community. $SCAMMER is a revolution, a war cry against fraudsters, and a tribute to total, uncensored freedom. A Digital Wall of Shame to Expose Scammers Scammer is more than just a token—it’s an ecosystem designed to publicly expose crypto scammers, big and small. The project aims to build a Digital Wall of Shame, a decentralized platform where every scam is called out, ridiculed, and dissected without mercy. Forget the censored reports on Twitter or Reddit—here, scammers are dragged through the mud without restraint. The Most Toxic, Unfiltered Crypto Community Ever What makes Scammer even more unique is its raw, unmoderated community. No mods. No rules. No censorship. If you join, be prepared for a barrage of insults, ruthless memes, extreme shitposting, and explicit content. Got repressed anger? This is your playground. Attack scammers, humiliate users, unleash your filth, and flood the chat with disgusting memes. Scammer is pure, unfiltered chaos, where weaklings and crybabies won’t survive. Why Polygon and Not Solana? Scammer strategically chose Polygon for several reasons: • It’s undervalued – Investing in a Polygon-based token now could skyrocket in profitability once the ecosystem takes off. • Avoiding Solana’s scam sewer – Most of the worst scams, the dirtiest pump & dumps, happen on Solana. Scammer is distancing itself from that circus of fraud and planting its roots in a more stable, less diluted blockchain. Endijs Nerets: The Face of Crypto Failure The Scammer logo features Endijs Nerets, the perfect representation of a pathetic, small-time scammer who hops from one tiny fraud to another, never making it big, always failing. He is the embodiment of the countless broke scammers littering the crypto space, making pennies and thinking they’re masterminds. March 5-8: Join or GTFO The Scammer Fair Launch on PinkSale is your chance to be part of something truly different. This isn’t some polite, polished investor group. This is raw, brutal, unhinged madness. If you have the guts to embrace the chaos, take the token, and own the filth, then get in. If not, then GTFO and stay a loser. ⚠️ Fair Launch on PinkSale from March 5-8. Miss it, and stay irrelevant.
ℹ️Learn more GGFT is for the Creatives of the world to create wealth and make their dreams a reality. We want independent artists to be able to focus on building their careers. We will put the power back in the hands of the artists
Crypto Weekly Recap: Bybit $1.4B hack; SEC vs Coinbase, OpenSea; and More (Feb 16–22, 2025)
The cryptocurrency sector faced unprecedented turmoil last week as Bybit—the world's second-largest exchange—suffered a historic $1.4 billion Ethereum heist during a routine cold-to-hot wallet transfer. Attackers exploited a manipulated signing interface that displayed legitimate addresses while covertly rerouting funds through altered smart contract logic, with blockchain forensic analysts now attributing the breach to North Korea's Lazarus Group. Amidst this security crisis, regulatory winds shifted dramatically as the SEC moved to dismiss longstanding charges against Coinbase and OpenSea—a stark reversal from Chair Gary Gensler's traditionally adversarial stance—signaling potential thaw in US crypto oversight. We analyze how these tectonic developments reshape market dynamics and investor risk calculus. Follow along as we discuss the top crypto news stories you might have missed last week. Visit our website for transparent and decentralized crypto trading and to list your crypto token for free. For more, follow Melega Finance (@meleganews) on X. TOP CRYPTO NEWS RECAP (February 16–February 22, 2024 2025) ● Bybit's $1.4B Lazarus Heist Shakes Crypto Security Paradigm – Reserves Still Intact ● SEC Closes OpenSea Probe: NFT Marketplace Avoids Securities Label in Major Win ● FTX Excludes 163 Nations in Repayment Plan; Bankman-Fried Seeks Pardon ● SEC Set to Officially Dismiss Its Case Against Coinbase ● Alt Season Is Underway, Will be Powered by Stablecoins ● SEC Accelerates Crypto ETF Review Wave – XRP, Solana Products Under Scrutiny Bybit's $1.4B Lazarus Heist Shakes Crypto Security Paradigm – Reserves Still Intact Bybit faced the largest crypto theft in history on Feb. 21, losing $1.4 billion in staked Ethereum and ERC-20 tokens, part of a $5.3 billion total asset drop. Despite the breach, independent auditor Hacken confirmed Bybit’s reserves still exceed liabilities, fully backing user funds. The hack, traced to North Korea’s Lazarus Group, exploited a deceptive smart contract targeting Bybit’s cold wallet. Bybit processed 350,000+ withdrawals swiftly post-attack, with support from major exchanges like Binance. This incident marks a major blow to crypto security in 2024. SEC Closes OpenSea Probe: NFT Marketplace Avoids Securities Label in Major Win The U.S. Securities and Exchange Commission (SEC) has officially ended its investigation into NFT marketplace OpenSea, a move hailed as a victory for the broader crypto community. OpenSea founder Devin Finzer celebrated the news, emphasizing that labeling NFTs as securities could have hindered industry innovation. The investigation, initiated in August 2024, focused on allegations of OpenSea operating as an unregistered securities marketplace. Industry leaders, including Magic Eden’s Chris Akhavan, welcomed the decision, viewing it as a positive step for the NFT space. The closure follows the SEC’s recent dismissal of its lawsuit against Coinbase. FTX Excludes 163 Nations in Repayment Plan; Bankman-Fried Seeks Pardon FTX, the bankrupt crypto exchange, has started repaying creditors but has excluded claims from 163 jurisdictions, including Russia, China, Egypt, Nigeria, and Ukraine. On Feb. 18, FTX initiated its first repayment round, fully compensating “Convenience Class” creditors (claims up to $50,000) with 9% annual interest. The next repayment, set for May 30, will cover larger claims, with creditors required to verify by April 11. Meanwhile, former CEO Sam Bankman-Fried’s parents are seeking a presidential pardon following his 25-year prison sentence. SEC Set to Officially Dismiss Its Case Against Coinbase The U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its 2023 lawsuit against Coinbase, a pivotal victory for the crypto exchange and the broader industry. The SEC had accused Coinbase of operating as an unregistered securities broker and failing to register its staking services. The dismissal, pending SEC commissioner approval, signals a shift in U.S. crypto regulation. Coinbase’s CEO, Brian Armstrong, hailed the decision as a win for 50 million American crypto holders. Coinbase’s advocacy efforts, including political lobbying, likely influenced this outcome. Alt Season Is Underway, Will be Powered by Stablecoins The latest altcoin season is underway, driven by stablecoin holders rather than the traditional Bitcoin profit rotation, according to CryptoQuant CEO Ki Young Ju. Altcoin trading volume has soared to 2.7 times that of Bitcoin, signaling a shift in market dynamics. However, this alt season is highly selective, with only a few coins surging amid limited fresh liquidity. Stablecoins now play a key role, with their market cap hitting $232 billion. Meanwhile, Bitcoin’s institutional adoption, including ETFs and corporate buys, is decoupling it from broader crypto trends. SEC Accelerates Crypto ETF Review Wave – XRP, Solana Products Under Scrutiny The U.S. Securities and Exchange Commission (SEC) has acknowledged multiple crypto ETF filings from Nasdaq ISE and Cboe BZX, signaling a shift toward faster reviews and potential approvals. The filings cover a range of products, including staking, options, and altcoin ETFs like XRP, Litecoin, and Solana. The SEC is actively seeking comments on these proposals, with particular focus on staking practices. With recent approvals of Bitcoin and Ether ETFs and new products like Franklin Templeton’s dual-asset ETF, analysts expect more crypto ETFs to gain approval in 2025. NEWS FROM MELEGASWAP CZ's DOG (Broccoli) Farm Listed on MelegaSwap The story of $BROCCOLI isn’t just another meme coin launch. It’s a battle—one where the community fought against insiders, snipers, and manipulative KOLs… and WON. Duko (DUKO) Trading Starts on MelegaSwap $DUKO is the cutest Solana pet. Aimed to bring all the dog lovers to a low fees chain that empoweres memes and communities. Solana Social Explorer (SSE) Trading Starts on MelegaSwap Tap into the internet’s unified social layer – Solana, Farcaster, Lens, Bluesky, and more – and build seamless, scalable social features in under 30 mins. Farting Unicorn by Elon Musk (FU) Trading Starts on MelegaSwap Farting Unicorn (FU) is a project that began as a brainchild of none other than Elon Musk himself. Initially, it was just a tweet—a picture that captured the imagination of the crypto world. But what started as a joke has evolved into something far more epic. The Farting Unicorn has now mutated into a formidable community of FU legends that are gonna revolutionize the crypto market. Pi Network AI (PiAI) Trading Starts on MelegaSwap $PiAI is a cryptocurrency for everyday people fueling the world’s most inclusive peer-to-peer economy. Taitiko (TTG) Trading Starts on MelegaSwap A npon-speculative game with a super funny-troll spirit. Libra (LIBRA) Trading Starts on MelegaSwap Deep AI (DEEP) Trading Starts on MelegaSwap Welcome to the Future of AI. Discover a world of creativity anew with hundreds of AI models on one platform. Antishifty (ANTY) Trading Starts on MelegaSwap Antishifty is a project that exposes backroom deals by elites, corporate/media manipulation, and power-hungry schemers—no party spared—turning their lies into viral memes. •••
Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.